Fruits and vegetables processing Market 2018: Global Segmentation and Forecasts up to 2024

1. Processed Fruits and Vegetables Market Report, By Type, Product & Geography – Global Market Share, Trend Analysis & Forecast Up To2024 Email:sales@axiommrc.com

2. The Global Fruit & Vegetable Processing Market is expected to grow at a CAGR of 7% to 8% from2018. Themostperishableandvitalingredientsinthehumandietarefruits and vegetables. They are a cheaper and better food product and make a considerable nutritional contribution to human well-being owing to their high nutritive value. Fruit and vegetable processing projects established and planned aim for solving are very clearly identified for market growth. It also aims to replace imported products like tomato sauces, squash, pickles, yams among others. Fruit and vegetable processing is seen widely in the food and beverage industry. Severaltypes of processing such as drying, canning, freezing, and the preparation of jams, juices, and jellies augment the shelf life of fruits andvegetables. Key driving factors of the Fruit and vegetable processingmarket: The major factors driving this market are growing food service industry, alertness about benefits of fruits & vegetables, reduction of imports and meeting export demands, consumer demands for safety, scientific andtechnological developments, government industrialization policy etc. Also, continuous changing in lifestyle, rapid expansion of urban & rural areas and instant growth of food serviceindustries are also supporting the development of this industry. Attention of government andprogress in developing countries are expected to present potential growth opportunities over the forecasttimeframe.

3. The Global Fruit & Vegetable Processing Market is mainly classified based on type, product andgeography. ByType: Fruits, vegetables and others (jams, pickles and preserved produce). The classificationby product can be done as fresh, canned, convenience, frozen, freshly cut and dried & dehydrated. Canned fruits and vegetables emerged as potential segments due to rising demand and consumption worldwide and acquired around 20% of the overall market share in2014. On the basis of Geography, the Global Fruit & VegetableProcessing Market: North America, Europe, APAC, South America and Rest of theWorld. NorthAmericadominatedtheglobalfruitandvegetablemarketwith over 31% market share in 2014. This was mainly contributed by increased U.S. frozen food consumption. Europe is also one of the majorplayersintheworldtradeforprocessedfruitsandvegetables. Germany,UnitedKingdom,France,BelgiumandtheNetherlandsare some of the biggest importers of processed food vegetables in this region. Africa and theMiddle East represent a region with a very large potential consumer base for processed fruit and vegetableproducts. The major players of thisindustry: JBT Corporation, Conagra Brands, Dole Foods, Albertsons, The Kraft Heinza Company, Greencore Group, Olam International, Kroger, Nestle, Kronesetc.

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